Question

If purchases are Rs. 42,00,000, closing stock is Rs. 4,00,000, material consumed Rs. 43,00,000, carriage outward Rs. 1,00,000 then opening stock is?
Select one:
a. Rs 4,00,000
b. Rs 1,00,000
c. Rs 2,00,000
d. Rs 5,00,000​

Answer 1

Step-by-step explanation:

consumed = opening + purchases + direct expenses - closing

therefore ,

4300000 = X + 4200000 - 400000

X = 500000 .

P.S. carriage outwards is not a direct expense so we have not considered it.

HOPE IT HELPS ....